Prepare for unexpected costs with our interest-earning, easy access business savings

• Earn interest on your excess cash and keep it easy to access to cover unexpected business needs

• Earn 0.01% APY on any balances over $100 or more

• Open your account with just $500

• No fee if you keep a $500 average daily balance in your account

• FDIC insured up to $250,000

 

Deposit at least $500
into your account

 

And remove funds when needed, while earning interest on your balance

What you need to know

• Interest is compounded daily, and paid monthly

• If your average daily balance in the month stays above $500, you won't have to pay a monthly maintenance fee. Otherwise, a $5 monthly maintenance fee applies

• To earn interest, you must have at least $100 in your account

• The interest rate on your account may change at any time

Disclosure: This account is an interest-bearing account. You must deposit $500.00 to open this account. If the minimum daily balance falls below $500.00 during the monthly cycle, a maintenance fee of will be assessed of $5.00. Interest Rate: 0.01% APY. The interest rate and annual percentage yield may change. We may change the interest rate on your account at any time. To obtain the current disclosed annual percentage yield, as of May 19th, 2022, you must maintain an average daily collected balance of $100.00. Interest will be compounded daily and will be credited to the account monthly. Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items. If you close your account before interest is credited; you will not receive the accrued interest. Fees and other terms and conditions are subject to change.

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